-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Q1rJLdgzLjS9hypgNuwT/b0jC2zNegwfUeR9n2knrog6fTJzL7BFoCOdvBpoLoZe cGokdaHOQ0aztmDkPcTklw== 0001085392-06-000097.txt : 20060922 0001085392-06-000097.hdr.sgml : 20060922 20060922181251 ACCESSION NUMBER: 0001085392-06-000097 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060922 FILED AS OF DATE: 20060922 DATE AS OF CHANGE: 20060922 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PUGET ENERGY INC /WA CENTRAL INDEX KEY: 0001085392 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 911969407 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10885 NE 4TH STREET CITY: BELLEVUE STATE: WA ZIP: 980045515 BUSINESS PHONE: 4254546363 MAIL ADDRESS: STREET 1: PO BOX 97034 CITY: BELLEVUE STATE: WA ZIP: 980045515 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: REYNOLDS STEPHEN P CENTRAL INDEX KEY: 0001165752 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16305 FILM NUMBER: 061105289 BUSINESS ADDRESS: STREET 1: PUGET ENERGY INC STREET 2: 10885 NE 4TH STREET, 12TH FLOOR CITY: BELLEVUE STATE: WA ZIP: 98009-9734 BUSINESS PHONE: 425-462-3155 MAIL ADDRESS: STREET 1: P.O. BOX 97034 STREET 2: 10885 NE 4TH STREET, 12TH FLOOR CITY: BELLEVUE STATE: WA ZIP: 98009 4 1 rey530.xml X0202 4 2006-09-22 0 0001085392 PUGET ENERGY INC /WA PSD 0001165752 REYNOLDS STEPHEN P 10885 NE 4TH STREET, PSE-12 BELLEVUE WA 980045591 1 1 0 0 President and CEO Common 108320 D Common 24196 I By Brokerage Account Common 950 I By spouse through brokerage account PSE Deferred Compensation Plan 2006-09-22 4 A 0 405 22.32 A Common 405 57686 D LTIP 0.00 2006-12-31 2006-12-31 Common 67867 67867 D LTIP 0.00 2007-12-31 2007-12-31 Common 71369 71369 D LTIP 0.00 2008-12-31 2008-12-31 Common 50282 50282 D LTIP - 3 year cycle 0.00 2006-12-31 2006-12-31 Common 75184 75184 D LTIP - Stock Options 22.51 2003-01-07 2012-01-07 Common 40000 40000 D Restricted Stock Units 0.00 Common 10000 10000 D Stock Options - A 22.51 2003-01-07 2012-01-07 Common 110000 110000 D Stock Options - B 22.51 2003-01-07 2012-01-07 Common 150000 150000 D One common share will be received for each stock unit. Phantom share units deferred in the Puget Sound Energy Deferred Compensation Plan. LTIP share grants under the Puget Energy Long-Term Incentive Plan for Officers and Key Employees. LTIP Shares are paid in Puget Energy stock when vested in an amount ranging from zero to 175% of LTIP Share Grants. LTIP share grants under the Puget Energy Long-Term Incentive Plan for Officers and Key Employees. LTIP Shares are paid in stock (or up to 50% in cash) when vested in an amount ranging from zero to 155.5% of LTIP Share Grants. Performance shares grants under the Puget Energy Long Term Incentive Plan (LTIP) for Officers and Key Employees. LTIP performance shares are paid in stock (or cash) when vested from zero to 175% of LTIP performance shares granted. LTIP share grants under the Puget Energy Long-Term Incentive Plan for Officers and Key Employees. LTIP Shares are paid in stock when vested in an amount ranging from zero to 192.5% of LTIP Share Grants. Non-qualified stock option grant to purchase 40,000 shares of common stock with a term of ten years, under the Puget Energy Long-Term Incentive Plan for Officers and Key Employees. Share grants vest over a period of four years from January 1, 2002 at twenty-five percent per year. Grant of 10,000 shares of restricted stock units to be settled in cash, with dividend equivalent rights. The restrictions on the shares will lapse over a period of five years from January 8, 2004, with 0% vesting after the first year, 0% vesting after the second year, 20% vesting after the third year, an additional 30% vesting after the fourth year and an additional 50% vesting after the date of the 2008 Annual Shareholders Meeting. Nonqualified stock option grant to purchase 110,000 shares of common stock with a term of ten years. Share grants vest over a period of four years from January 1, 2002 at twenty-five percent per year. Nonqualified stock option grant to purchase 150,000 shares of common stock with a term of ten years. Share grants vest over a period of five years from January 1, 2002 at twenty percent per year. By: /s/ Bertrand A. Valdman 2006-09-22 -----END PRIVACY-ENHANCED MESSAGE-----